Post
Topic
Board Bitcoin Discussion
Re: What would it be like owning a Bitcoin in 2024?
by
MarjorieZimmermanGinger
on 14/01/2024, 12:06:56 UTC
Definitely agree. Then there's election in US and god knows what kind of scary stuff is going to come out (As if its already not enough)

BTC halving is around the corner and Central Banks are buying Tons and Tons of Gold. https://www.goldheadlines.com/2024/01/01/gold-price-outlook-the-ups-and-downs-in-2024/

From whichever angle I see the Fiat looks like a losing trade.  Undecided
Almost several countries will hold elections for heads of state this year and we never know how unexpected things might happen. However, regarding the halving process, I am still quite confident that it will happen when the time comes, but determining exactly when it will happen is still a matter of doubt because it is still quite difficult to predict with certainty. If we calculate the duration of the previous ATH process, there may be a small picture that we can analyze, but it is still difficult to see the exact time when it will happen.

Fiat always cannot be relied on in the long term because its strength in maintaining value is not strong. If we intend to maintain the value of the money we have, it is best to buy bitcoin and hold it until the price reaches its highest before the halving arrives. That is one of the strengths we can do compared to putting money in places that are not productive at all.